LME Nickel Inventory: Minor Daily Decline but Significant Monthly Rise

[LME Nickel Inventory Dynamics: Short-Term Decrease but Significant Monthly Increase]

On February 4, LME nickel inventory recorded 172,600 mt, an increase of 84 mt (0.05%) compared to the previous day. Over the past week, LME nickel inventory cumulatively decreased by 516 mt (0.30%). Over the past month, LME nickel inventory cumulatively increased by 8,556 mt (5.22%).